TRON (TRX) Reaches Milestone After Registering One Million User Addresses After Only Six Months Of Launch

In a period of bearish sentiment and uneven price movements over the past year many didn’t see good news coming. Particularly news that digital asset TRON (TRX) has now added 1 million users in only six months after it was launched as an altcoin. Following this development, the majority of the cryptocurrency community see this as a sign that TRON is moving ahead of Ethereum because Ether took about eighteen months to get to 1 million users. While others have refused to accept the idea that the six month race that took TRON to get to 1 million users meant it had ‘beaten’ the number three digital asset by market cap Ethereum (ETH).

TRON (TRX) has reached 1 million registered user addresses in just six months since it was launched. The news that the Blockchain protocol had reached one million registered user addresses was revealed on December 23, as crypto executives continue in their criticism of rival, Ethereum (ETH). Data derived from the TRON (TRX) blockchain and uploaded to the social media by the co-founder of the crypto spin-off endeavor IAmDecentralized.org, Misha Lederman, confirmed that the digital asset network now features one million registered user addresses.

TRON (TRX) Aims to Be the Perfect Platform for dApp Developers

TRON (TRX) is a recent player in the space. The Blockchain protocol actually launched its mainnet in the early part of 2018. According to Justin Sun the CEO of the network, TRON is looking to be the go-to platform for developers who want to create decentralized applications (known as DApps). Renowned for publicly chiding Ethereum (ETH) which constitutes as TRON’s main rival in the space, CEO Justin Sun predicted a slow implosion for the token this week.

TRON’s (TRX) Achievement Ranked Higher Than That Of Its Competition Ethereum (ETH)

Airing his views on the address landmark by TRON, Misha Lederman declared that the speed at which activity has increased in TRON is significantly higher than what Ethereum (ETH) achieved. In a sequence of tweets he made the following statements:

“In comparison, Ether managed to reach 1 million accounts by Jan 22, in about 542 days (18 months) since Ethereum’s Mainnet Launch.”Responses to Lederman’s remarks highlighted the fact that the Ethereum Blockchain protocol had established its user base when virtual currency interests were marginal compared with what the current conditions offer.

The other set of replies added that despite the level of growth attained by TRON (TRX), it’s $0.02 price – as of press time-paled when compared to the Ethereum (ETH) price which even after the token suffered a 90% decline the from its all-time high, managed to maintain a value of $73. TRX had shown a strong and steady daily growth this week. This continued until a correction across the cryptocurrency market saw the virtual token lose about 15% of its value in the last 24 hours. While it’s competition Ethereum dropped about 12.6% in value during the same period.